Post Utme Summit University 2025 Accounting Question 25

Practice objective / multiple choice question 25 from the 2025 Post Utme Summit University Accounting examination.

Post Utme Summit University 2025 Accounting Objective / Multiple Choice
Question 25 POST_UTME_SUMMIT_UNIVERSITY • 2025 • ACCOUNTING • objective

A single entry system is used by a business. The following transactions are recorded: Cash received from customers ₦15,000 Cash paid to suppliers ₦8,000 Cash paid to employees ₦12,000 What is the total cash received by the business?

Answer Options

A. ₦3,000
Correct Answer B. ₦5,000
C. ₦7,000
D. ₦9,000
Correct Answer
B
Correct Option:
₦5,000

About This Question

This is Post Utme Summit University 2025 Accounting Question 25. It is one of the objective questions from the 2025 Post Utme Summit University Accounting examination.

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